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castillo66 castillo66
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7 years ago
According to purchasing power parity theory, if Brazilian inflation was 6 percent and inflation in Argentina was 12 percent, the Brazilian real would be expected to ________.
A) rise by the difference in inflation rates
B) fall by the difference in inflation rates
C) rise by 4.5 percent
D) stay the same
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International Business

International Business


Edition: 15th
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vindalovindalo
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castillo66 Author
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#2
7 years ago
Exactly what I needed to answer this question

Thanks!
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